Wednesday, September 16, 2009

Good sign


via ThinkProgress comes this helpful little chart looking at what the stock for several Health Insurance companies did right after Max Baucus announced his health care plan. They rose. I wonder why?
Following Baucus’ announcement, HealthNet shares increased by 3%, United Health Group Inc shares rose by 2.7%, Humana Inc. grew by 2.6%, Wellpoint stock gained 1.7% and Aetna Inc rose 1.6%:
Good to see everything working out for them. I was worried for a while that health care reform wasn't going to go far enough in benefiting the poor, put upon insurance companies. But Wall Street is certain that is does benefit the insurance companies, to the tune of 38% stock growth over the past couple months. Whew! Bullet dodged. Kick up your feet, Max. Mission accomplished, the check is in the mail.

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